Stock Indices Pause In Choppy Day

Overall, the Stock Indices spent most of the day in rotation. However, as discussed in last night’s Briefing, the Market opened lower today on diverging market breadth suggesting more strength. The result was a rotation back up and then mostly chop the balance of the day. While the last hour brought more selling, I have concern over the low volume in the last two days. The one benefit of today’s chop is it gave us short-term areas of trade location for tomorrow.

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